Common use of Unacceptable Deposits Clause in Contracts

Unacceptable Deposits. You understand and agree that you are not permitted to deposit the following items using the Services: 1) Any item drawn on your FNCU account. 2) Any item made payable to a person(s) not listed as an owner on your account. 3) Any item that is stamped with a “non-negotiable” watermark. 4) Any item that contains evidence of alteration to the information on the check. 5) Any item issued by a financial institution in a foreign country. 6) Any item that is incomplete. 7) Any item that has been written with an issue date more than 6 months in the past. (These items are referred to as stale dated items) 8) Any item that has been written with an issue date in the future. (These items are referred to as post-dated items) 9) Savings Bonds

Appears in 2 contracts

Sources: Digital Banking Disclosure and Agreement, Digital Banking Disclosure and Agreement

Unacceptable Deposits. You I understand and agree that you are I am not permitted to deposit the following items using the Services: 1) Any item drawn on your FNCU my Genesee Co-op account. 2) Any item made payable to a person(s) not listed as an owner on your my account. 3) Any item that is stamped with a “non-negotiable” watermark. 4) Any item that contains evidence of alteration to the information on the check. 5) Any item issued by a financial institution in a foreign country. 6) Any item that is incomplete. 7) Any item that has been written with an issue date more than 6 months in the past. (These items are referred to as stale dated items) 8) Any item that has been written with an issue date in the future. (These items are referred to as post-dated items) 9) Savings Bonds

Appears in 1 contract

Sources: Digital Banking Disclosure and Agreement